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Can anyone roughly equate AM Ex points to dollar values when you shop at their site? If one has 50,000 points, would that buy $100.00 in merchandise? More? Less? Can you redeem your Am Ex points for gift cards of different values?
Gang,
I have a similar concern as you and it's being discussed here: http://ficoforums.myfico.com/t5/Credit-Cards/AMEX-Membership-Rewards-Rip-off-unless-used-for-travel/...
I trade 20k points for a $100 statement credit